Search Results for: European Commission
EU Auditors Call For Renewed Efforts On VAT Fraud
March 7th, 2016
The current European Union system for fighting cross-border value-added tax fraud is not effective enough, according to a new report by the European Court of Auditors. The auditors said that while the EU has a range of tools at ...
Greece Latest: New payouts and the start of debt relief talks may delay
March 3rd, 2016
Euro zone, IMF split over how much Greece needs to reform Euro zone lenders and the International Monetary Fund disagree over how much more Greece needs to do to reform its economy, a dispute that may delay new payouts ...
CETA: EU and Canada agree on new approach on investment in trade agreement
March 1st, 2016
This agreement is a clear break from the current ISDS system and shows the commitment to work together to establish a multilateral investment tribunal. The European Commission and the Canadian Government have agreed to include a new approach on ...
How digital is your country? New figures show action needed to unlock Europe’s potential
February 25th, 2016
From connectivity and digital skills to public services, EU countries have made progress since last year which marked the launch of the Digital Single Market Strategy by the European Commission. Today the European Commission published the results of the ...
Accountancy bodies calls for informed debate on EU reform
February 16th, 2016
CCAB, the forum for accountancy bodies in the UK and Ireland, is calling on businesses to engage with the debate on EU reform, and ensure they are aware of the information and resources to inform their understanding of the ...
EC focuses on monitoring, not regulating, virtual currencies
January 29th, 2016
The European Commission is examining whether virtual currencies need to be regulated in the wake of last November’s terrorist attacks in Paris, but is currently more focused on monitoring the likes of bitcoin than on rushing out new rules. ...
Israel, Greece and Cyprus to explore gas pipeline to Europe
January 29th, 2016
Greece, Israel and Cyprus will explore the possibility of building a natural gas pipeline to Europe, tapping huge gas reserves discovered in the eastern Mediterranean in recent years, leaders of the three countries said on Thursday. Israel has reported ...
Europe fines car parts producers for participating in cartel
January 28th, 2016
Antitrust: Commission fines car parts producers € 137 789 000 in cartel settlement European Commission has issued a press release to inform that: The European Commission has imposed fines of €137 789 000 on Melco (Mitsubishi Electric) and Hitachi ...
EU says to monitor, not regulate ‘hyped’ virtual currencies
January 26th, 2016
The European Union will monitor rather than regulate “hyped” virtual currencies for now, because too little is known to justify new rules beyond reining in specific risks like money-laundering, the body’s executive said on Monday. The world’s 600 virtual ...
S.Korean antitrust agency probes Volkswagen over emissions ads
January 22nd, 2016
South Korea’s antitrust regulator is probing Volkswagen AG over its advertising claims on emissions from its cars, an official at the agency told Reuters on Friday. The Fair Trade Commission official said a probe is under way without elaborating. ...